Tag: CBE

Suez Canal certificates sold out: CBE

Sale raises EGP 61bn for canal extension project

Hend El-Behary Hend El-Behary

Tahya Masr donations yet to exceed EGP 5bn: Fund board member

Salah Diab says board of directors are still reviewing how the fund…

Doaa Farid Doaa Farid

Rise of interest rate to have limited effect on stock market: Experts

Economic experts give different reasons for the limited impact of the interest…

Daily News Egypt Daily News Egypt

7 banks raise interest rates on deposits after Central Bank decision

A recent CBE decision saw an increase in the benchmark overnight deposit…

Abdel Qader Ramadan Abdel Qader Ramadan

Non-cash transactions in Egypt up to 7%; consultations underway with CBE for electronic services: Bankers

The size of non-cash transactions in Egypt has reached approximately 7%, the…

Daily News Egypt Daily News Egypt

Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

Doaa Farid Doaa Farid

Domestic liquidity increases to EGP 1.44tn: CBE

Increase of net domestic and foreign assets in banking system contribute to…

Daily News Egypt Daily News Egypt

Private business accounts for 63.2% of credit facilities end of March: CBE report

Central bank announces 2.6% increase in total credit facilities

Daily News Egypt Daily News Egypt

Bank loan assets increase by EGP 7bn in March: CBE

Bank balances in March rose to EGP 559.444bn as compared to EGP…

Daily News Egypt Daily News Egypt

Bank of America expects continued EGP depreciation

EGP value against dollar slumps after CBE’s foreign exchange auction to record…

Doaa Farid Doaa Farid